Answer:
Five forces explanations are given below
Explanation:
1) Rivalry among Steel Producers (Firece Competitive force) : Due to high competition in the US market, most of the steel producers have mastered the technique to provide the steels to the customers at best prices. In market like steel, customer is more careful about the delivery and price of the product. Nucor is using updated recycling technologies which enable it to offer wider range of products to its customer at lowest price.
2 ) Competition from Substitutes (moderate Strong competitive force) : Products like aluminium, plastics and other materials can be used as substitutes of Steel products.
3) Threat of Entry (moderate Strong competitive force) : Due to high competition in Steel market, new companies are reluctant to enter already saturated market. but the companies like Nucor who used latest art of technologies are acquiring existing less successful steel producer to expand its operation and turn these companies into strong contenders.
4) Bargaining Power of Supplier (moderate competitive force) : the Suppliers of Steel Scrape are may be moderate competitive force. Usually prices of Steels scrape of Steel products are depend on its supply and demand in the market and individual supplier may not be big factor to influence the prices.
5) Bargaining Power of Customers (moderate weak competitive force) : Moderate weak force exist when the demand for steel products are high and vice versa. The steel producers may provide some good discounts to those customer who are buying the steels in bulk when the demand for the steel products is low. But sometime due to high demand of steel, the good customers may be negated and they may compromise on lower or minimal discounts.
Answer: $9000
Explanation:
The gross domestic product (GDP) is the final value of the goods that are produced in an economy. In this case, we are only interested in the final value which is the $9000.
It should be noted that when Cheese Mart LLC sells cheese to Pizza Palace for $1,500, this is an intermediate good and should not be counted when calculating the GDP.
Answer:
$8,000
Explanation:
Based on the information given we were told that the stock had a FAIR MARKET VALUE of the amount of $8,000 on the date it was given to Lee which therefore means that In Lee's income tax return, the amount of INCOME that should be reported in connection with the receipt of the stock will be the FAIR MARKET VALUE of the amount of $8,000.
The stock market is essential for companies because they can raise money for their operations. The stock market is important for investors because they can trade their stocks across different companies. The stock market allows both investors and companies to compare their options.
